Login 

  CALL US: 020 7111 7761 

Register for our newsletter


  CALL US: 020 7111 7761 

Register for our newsletter


   
 23, February 2012  
IN THIS SECTION Minimize
 
JUST A THOUGHT . . .

Those who do nothing are never wrong.

Theodore de Bouville

Those who do nothing are never wrong.

Theodore de Bouville

 
  The Basics    Bookmark and Share

Business Basics . . . .

There are a few basics you need to be aware of when starting your own business. 

From understanding how to keep your financial records, to deciding how and where you work.  Many new businesses start from home, sometimes using a virtual office address, others will work from an office or commercial or warehouse premises.  You may even find a lot of your work and meetings are carried out in the nearest hotel foyer or coffee shop!

Whether you plan to operate as a sole trader, a limited company or a partnership, a separate business bank account is a 'must have', but these aren't the only areas you need to resolve.

You’ll find these pages packed with practical information and useful insights together with tips (and traps to avoid) to help get your new business started.

 

 

Business Basics . . . .

There are a few basics you need to be aware of when starting your own business. 

From understanding how to keep your financial records, to deciding how and where you work.  Many new businesses start from home, sometimes using a virtual office address, others will work from an office or commercial or warehouse premises.  You may even find a lot of your work and meetings are carried out in the nearest hotel foyer or coffee shop!

Whether you plan to operate as a sole trader, a limited company or a partnership, a separate business bank account is a 'must have', but these aren't the only areas you need to resolve.

You’ll find these pages packed with practical information and useful insights together with tips (and traps to avoid) to help get your new business started.

 

 

DON'T FORGET

Register with HMRC within 3 months of becoming self employed

Register with HMRC within 3 months of becoming self employed

 
FORM A LTD COMPANY

Register a company with our Limited Company formation service

Register a company with our Limited Company formation service

 
REGISTER FOR VAT

Register for VAT when turnover (not profit) reaches the threshold

Register for VAT when turnover (not profit) reaches the threshold

 
PROTECT YOUR IDEAS

Don't take risks, find out how to protect your brand, invention, or design

Don't take risks, find out how to protect your brand, invention, or design

 
MINIMUM WAGES

You must pay your staff at least the national minimum wage rate

You must pay your staff at least the national minimum wage rate

 
TAXING ISSUES

Make a note of all relevant tax return deadlines

Make a note of all relevant tax return deadlines

 
WIN NEW CONTRACTS

Be a supplier to the public sector: view and bid for public sector contracts

Be a supplier to the public sector: view and bid for public sector contracts

 
RECOMMENDED READING
 
 Copyright 2011 Now Let's Get Started :: VAT NUMBER 945 4397 88 ::   Terms Of Use  Privacy Statement